Avation’s (AVAP) Buy Rating Reaffirmed at Canaccord Genuity Group

Avation (LON:AVAP)‘s stock had its “buy” rating reaffirmed by analysts at Canaccord Genuity Group in a research note issued on Friday,London Stock Exchange reports. They currently have a GBX 270 target price on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 95.44% from the stock’s current price.

Avation Stock Up 0.8%

LON AVAP opened at GBX 138.15 on Friday. The stock’s 50 day simple moving average is GBX 135.51 and its 200 day simple moving average is GBX 136.23. Avation has a one year low of GBX 122.44 and a one year high of GBX 170. The firm has a market cap of £82.79 million, a PE ratio of -6.90, a price-to-earnings-growth ratio of -0.15 and a beta of 0.12. The company has a debt-to-equity ratio of 255.58, a current ratio of 1.15 and a quick ratio of 1.33.

About Avation

Avation PLC is a specialist commercial passenger aircraft leasing company owning a fleet of commercial aircraft which it leases to airlines across the world.